‘Even if we lose…’: Trump admin readying new strategy to impose tariffs
The Times of IndiaFriday, May 30, 2025 at 4:00:25 AM
The Trump administration isn't backing down on tariffs, even after a legal setback. A recent court ruling blocked their reciprocal tariff plan, but officials are already pivoting to another tactic—using the Trade Act of 1974 to slap temporary 15% tariffs on imports. This would buy time to craft more targeted, country-specific tariffs down the line. Essentially, they’re looking for any available lever to keep pushing their trade agenda, legal hurdles or not.
Editor’s Note: Trade wars aren’t over yet. This move suggests the administration is doubling down on tariffs as a core strategy, even if it means navigating legal gray areas. For businesses and consumers, it’s another signal that unpredictable trade policies—and potential price hikes—could stick around well into the future.
— Curated via WP Now’s
